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Businesses For Sale   >>   Ontario Businesses For Sale

Lock 17 Fully Equipped & Reno'd Restaurant

Location  Ontario,Canada
Asking Price Range  $250K - $500K
Gross Revenues  $450000
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2009
Number of Employees  6 - 9
Inventory  Building and all equipment
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned

Description  
$499,500 PRICED TO SELL and just in time to be re-opened with tourist and boating season around the corner. Formerly operated as The Lock 17 Bistro / Restaurant it is located on the well travelled River Road directly across from the 17th Lock on the World Heritage Rideau Canal and sits on a nice 6 acre lot loaded with potential. The restaurant and owner/operators apartment above were totally renovated and upgraded in 2009. The list price for this property includes all restaurant and kitchen equipment, alarm and security system, 3 terminal Pixelpoint Pos system with bar code scanner. The list is extensive and you will find that everything you require to open and establish your own high-end restaurant business is on it. The only thing missing is a dishwasher ... The property has also been improved upon with a new septic bed and paved parking area. If you are looking for an investment property the restaurant and the apartment can be leased out and zoning allows for both commercial and residential improvement. Apartment currently rented until May 31. 2013 Main Dining Room seating capacity 56 Private Dining Room and/or meeting area seating capacity 24 Outdoor seating capacity 50 ▪ Lock 17 entertained Rideau River travelers mooring at the Locks & provides a shower & laundry area. Daily specials, big screen TV's, Friday Karaoko & chatter from the locals all added to the ambiance ▪ Laundry area with Washer/Dryer hook-ups installed & coin operated machines available for lease thru independant contractors ▪ A seperate dining area can be offered for Private Dinners, Parties or meeting groups. ▪ Quick Close in time for season re-opening ▪ Ample newly (2009) Paved Parking CALL LINDA FOR MORE INFORMATION 613-866-9013.


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